Wednesday, December 02, 2009

Farrell: Obama's 'predictably irrational' economic policies


14 reasons Obama's love of Wall Street will trigger the Great Depression 2

This is not the column I expected to see from Paul Farrell, it is based on a newsletter I posted last month by GMO's Jeremy Grantham and it is spot on.

The reiteration by Farrell that Geithner and Bernanke should lose their jobs is perhaps the best points, though their are many others. Lest you think this article is an Obama tirade by an angry right winger....it is not, Farrell supported Obama and he lambast's the Bush administration's handling of the crisis as well.

Scott Dauenhauer CFP, MSFP, AIF